Ashitech Equipments Private Limited - Company Profile

It is a machinery and equipment private limited company based in Mehsana, Gujarat, India, established in 2006.
2006 Mehsana, Gujarat, India Active
Last Updated:
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About Ashitech Equipments Private Limited

Ashitech Equipments Private Limited, a active private limited company, was established on 07 September 2006 in Mehsana, Gujarat, India. Engaging in construction machinery & equipment within the manufacturing sector, it holds CIN: U29248GJ2006PTC049051. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹3.50 M and a paid-up capital of ₹2.09 M.

It upholds a compliant status. Employing 36 professional, Its leadership includes Bharatkumar Manilal Patel (Director), Akshat Bharatkumar Patel (Director), Vatsal Bharatkumar Patel (Director). Past directors included Shankarbhai Govindbhai Patel. It holds ₹14.79 Cr open charges and no settled loans. Its latest AGM occurred on 15 September 2025, with the balance sheet filed on 31 March 2025. It is based at 14, Gidc Phase - Ii, Dediyasan, Mehsana, Gujarat, 384002.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U29248GJ2006PTC049051

  • Registration Number

    049051

  • Incorporation Date

    07 September 2006

  • Authorized Capital

    ₹3.50 M

  • Paid-Up Capital

    ₹2.09 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 3.50 M
  • Paid Up Capital ₹ 2.09 M
  • Company Age 19 Year, 6 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 14.79 Cr
  • Revenue Growth **** 17.01%
  • Profit Growth **** 39.54%
  • Ebitda **** 31.84%
  • Net Worth 31.41%
  • Total Assets **** 29.76%
Company report

Ashitech Equipments Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Ashitech Equipments Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Ashitech Equipments Private Limited?
Current Directors
Name Designation Appointment Date Status
Bharatkumar Manilal Patel Director 17 Sep 2006 Current
Akshat Bharatkumar Patel Director 15 Jun 2021 Current
Vatsal Bharatkumar Patel Director 10 Oct 2016 Current
Minaxiben Bharatbhai Patel Director 15 Feb 2011 Current
Manilal Prabhudas Patel Director 07 Sep 2006 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 16 Oct 2015 Past

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Financial Performance of Ashitech Equipments.

Ashitech Equipments Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 17.01% increase. The company also saw a substantial improvement in profitability, with a 39.54% increase in profit. The company's net worth Soared by an impressive increase of 31.41%.

Ashitech Equipments revenue growth over time
Ashitech Equipments profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 17.01%
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Revenue from Operations
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 16.94%
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*******
Total Assets
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 29.76%
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*******
Profit or Loss
*******
 39.54%
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Net Worth
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 31.41%
*******
*******
*******
*******
EBITDA
*******
 31.84%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Ashitech Equipments?

In 2024, Ashitech Equipments had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹147,891,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 14.40 Cr
  • Others : 0.39 Cr
Latest Charge Details
Date Lender Amount Status
30 Apr 2024 Others ₹3.89 M Open
27 Jan 2023 Hdfc Bank Limited ₹4.42 Cr Open
09 Nov 2021 Hdfc Bank Limited ₹9.98 Cr Open

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How Many Employees Work at Ashitech Equipments?

Ashitech Equipments has a workforce of 36 employees as of Feb 11, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ashitech Equipments, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Ashitech Equipments's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Ashitech Equipments
Recent Activity within the Organization
  • Annual General Meeting

    The activity Ashitech Equipments Private Limited last Annual general meeting of members was held on 15 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Ashitech Equipments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was documented.

  • Charges

    Progress on A charge with Others amounted to Rs. 3.89 M with Charge ID 100919819 was registered on 30 Apr 2024. was documented.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 99.80 M registered on 09 Nov 2021 with Charge ID 100502562 was modified on 20 Feb 2024. was recorded as a recent event.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 44.20 M registered on 27 Jan 2023 with Charge ID 100681913 was modified on 27 Oct 2023. was recorded as a recent event.

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 44.20 M with Charge ID 100681913 was registered on 27 Jan 2023. was completed.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Ashitech Equipments Private Limited?

The CIN of Ashitech Equipments Private Limited is U29248GJ2006PTC049051.

Where is Ashitech Equipments Private Limited headquartered?

Ashitech Equipments Private Limited is headquartered at 14, Gidc Phase - Ii, Dediyasan, Mehsana, Gujarat, 384002.

When was Ashitech Equipments Private Limited incorporated?

Ashitech Equipments Private Limited was incorporated on 07 September 2006.

Who are the current directors of Ashitech Equipments Private Limited?

The current directors of Ashitech Equipments Private Limited are

What is the primary industry of Ashitech Equipments Private Limited?

The primary industry of Ashitech Equipments Private Limited is Manufacturing.

Is Ashitech Equipments Private Limited a listed company?

Ashitech Equipments Private Limited is unlisted.

What is the capital structure of Ashitech Equipments Private Limited?

The authorized capital of Ashitech Equipments Private Limited is ₹3.50 M, and the paid-up capital is ₹2.09 M.

What is the compliance status of Ashitech Equipments Private Limited?

The compliance status of Ashitech Equipments Private Limited is Compliant.

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